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Infrastructure 
Hilton to open in Ain Sokhna in 2024
Misr Italia Properties will deliver the first phase of the EGP 2.4 bn Kai Sokhna real estate project this November,…
City Edge seeks EGP 1.2 bn loan to develop Etapa Square
City Edge Developments is looking to borrow a combined EGP 1.2 bn from the National Bank of Egypt and Banque…
Health, financial services among four new sub-funds announced by Sovereign Fund of Egypt
The Sovereign Fund of Egypt (SFE) has set up four sub-funds covering healthcare, financial services, tourism and real estate, and…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Egypt-Saudi energy connection project: Hitachi ABB Power Grids has been awarded a three-year…
Net profit drops for Palm Hills, HHD, and Arabian Cement in 2Q2020
EARNINGS WATCH- Palm Hills Developments (PHD) saw its net profit after tax fall 37% to EGP 195 mn in 2Q2020…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
Banque Misr, NBE sign EGP 4 bn agreement with Talaat Moustafa subsidiary to develop residential projects
Banque Misr and the National Bank of Egypt (NBE) have signed a EGP 4 bn financing agreement with Talaat Moustafa…
Egypt in the News on 1 September 2020
It’s a mixed bag of nuts in the pages of the foreign press this morning: AFP and Arab News picked…
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